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mainstream media's vendetta for mitt romney. or is it against mitt romney? last night mitt romney won the debate hands down witnessed by 67 million people. the romney camp is now reporting they're receiving two donations every second. my next guest, one of america's top pollsters, is going to reveal his latest survey showing just how much the media favors obama in polling. they just can't handle him losing. all that after the break. you're watching "the kudlow report" please stay with us. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. it's another reason more investors are saying... those little things for you, life's about her. but your erec
mainstream media's vendetta for mitt romney. or is it against mitt romney? last night mitt romney won the debate hands down witnessed by 67 million people. the romney camp is now reporting they're receiving two donations every second. my next guest, one of america's top pollsters, is going to reveal his latest survey showing just how much the media favors obama in polling. they just can't handle him losing. all that after the break. you're watching "the kudlow report" please stay with...
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it is less likely that romney will win. but, i think the rally we had today was based on how well romney did last night and the market does want to go higher under a romney win. >> you think if he wins it is better for the stock market. 1600 is where we are going if romney wins. >> the jobs report for septem r september. we are not looking for meaningful improvement with the business trends. we are looking for 85,000 job gains in september. there will be a couple of over rages in the earnings. chris, you are up. last but not least, 30 seconds on the clock. what are you looking for? >> your other guests talked about the others. i'll talk about the international data. should inflation continue to escalate. that may put a lid on the stimulus they are able to do. we have german factory orders that are of interest to us. but, frankly, the think we watch most closely are the debt spreads in spain and italy. >> all right. thank you gentlemen. we will bring you all of that tomorrow morning. as well as the data from asia and europe.
it is less likely that romney will win. but, i think the rally we had today was based on how well romney did last night and the market does want to go higher under a romney win. >> you think if he wins it is better for the stock market. 1600 is where we are going if romney wins. >> the jobs report for septem r september. we are not looking for meaningful improvement with the business trends. we are looking for 85,000 job gains in september. there will be a couple of over rages in...
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go back to the basic math problem romney has. he wants to cut tax rates, which would cost about $900 billion a year, according to estimates, which means he needs to find $900 billion in tax breaks. well, all the tax expenditures every year together total $1 trillion. so basically romney would have to convince congress to eliminate all tax expenditures to make the math work in his tax plan. that is never going to happen. it's a fantasy tax plan. it would explode our budget deficit. >> i don't think there's any math problem here. most of these deductions and the like, like the mortgage interest deduction, the state and local tax deduction, are heavily slanted towards the upper end. so you eliminate those deductions, you use the money to lower rates. and, in fact, paul ryan's 10 and 25% plan basically hit the same revenue and same distribution as the current tax code. this is totally doable. i give romney credit for moving in the right direction here, but he should be bolder, like paul ryan's house plan. >> the other issue is -- the
go back to the basic math problem romney has. he wants to cut tax rates, which would cost about $900 billion a year, according to estimates, which means he needs to find $900 billion in tax breaks. well, all the tax expenditures every year together total $1 trillion. so basically romney would have to convince congress to eliminate all tax expenditures to make the math work in his tax plan. that is never going to happen. it's a fantasy tax plan. it would explode our budget deficit. >> i...
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is mitt romney's problem mitt romney or his messaging? republicans seem to be divided and we will have a discussion. don't forget, folks, free market capitalism is the best path to prosperity. truth telling is the best path to prosperity. transparency is the best path to prosperity. i'm kudlow we'll be right back. at optionsxpress we're all about options trading. we create easy to use, powerful trading tools for all. look at these streaming charts! they're totally customizable and they let you visualize what might happen next. that's genius! strategies, chains, positions. we put 'em all on one screen! could we make placing a trade any easier? mmmm...could we? open an account today and get a free 13-month e ibd™ subscription when you call 1-888-280-0149 now. optionsxpress by charles schwab. sleep train's inveis ending soon. sale save 10%, 20%, even 35% on a huge selection of simmons and sealy clearance mattresses. get 2 years interest-free financing on tempur-pedic. even get free delivery! sleep train stacks the savings high to keep the
is mitt romney's problem mitt romney or his messaging? republicans seem to be divided and we will have a discussion. don't forget, folks, free market capitalism is the best path to prosperity. truth telling is the best path to prosperity. transparency is the best path to prosperity. i'm kudlow we'll be right back. at optionsxpress we're all about options trading. we create easy to use, powerful trading tools for all. look at these streaming charts! they're totally customizable and they let you...
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definitely good for mitt romney. a lot of folks concluding that romney had one of the stronger debate performances last night in presidential debating history, at least in recent memory. that's not good news for the president. you can tell how both these campaigns feel about their performance last night based on what they're doing today. we have not seen mitt romney out in front of television cameras so far today, but president obama hosted a rally in colorado today, giving him a chance to have almost a do over from last night's performance. take a listen. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real mitt romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. the fellow on stage last night said he didn't know anything about that. >> and bill, the battle continues now. in the battleground states, we're going to see both candidates in virginia. the presi
definitely good for mitt romney. a lot of folks concluding that romney had one of the stronger debate performances last night in presidential debating history, at least in recent memory. that's not good news for the president. you can tell how both these campaigns feel about their performance last night based on what they're doing today. we have not seen mitt romney out in front of television cameras so far today, but president obama hosted a rally in colorado today, giving him a chance to have...
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romney is up in some of the daily tracking polls. so the campaign is not -- again, chris, hold on a second. >> that's not factually true. he down in the balance will you please every single tracking poll. >> again, chris, if you look at rasmussen over the last week, there's been days when they're neck and neck. you look across the board, it's very close. >> i'm on the phone and i can tell you the polling numbers off the top of my head, you are wrong. in ohio, he's down. in virginia, he's down. tell me the battleground states where governor romney is ahead. tell me the one. >> in ohio, he's within the margin of error. in florida, he's within the margin of error. and again, if it's such a horrific campaign, and you know a lot about horrific campaigns, then he wouldn't be as close as he is. going back to the point about scratching beneath the surface, mitt romney was the one that went over and over again through specifics. president obama couldn't go anywhere near his own record. and you know why, because he's failed for four years. he'
romney is up in some of the daily tracking polls. so the campaign is not -- again, chris, hold on a second. >> that's not factually true. he down in the balance will you please every single tracking poll. >> again, chris, if you look at rasmussen over the last week, there's been days when they're neck and neck. you look across the board, it's very close. >> i'm on the phone and i can tell you the polling numbers off the top of my head, you are wrong. in ohio, he's down. in...
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so romney's got a bis task ahead of him. i believe that he can do it, i believe that he can go out there and have a real debate with the president of the united states about where this country is heading and how we need to change some policies. >> appreciate the time today. thanks so much. thank you very much for joining us here on "worldwide exchange." >>> for all the coverage of the first presidential debate, tune in to cnbc at 8:00 p.m. eastern tonight as we get you set up for the official debate at 9:00 p.m. also, still to come here on this show, real estate mogul, and shank tank member barbara corcoran joins us for a look at the housing market, as u.s. house prices post the biggest jump in six years. that's coming your way. >>> these are your headlines. president obama and mitt romney get set for their first debate in denver. service sector growth slows across the globe in september. and rajoy issues the latest denial that he's ready to seek a bailout. >>> other stories we're following for you today. the apple faithful
so romney's got a bis task ahead of him. i believe that he can do it, i believe that he can go out there and have a real debate with the president of the united states about where this country is heading and how we need to change some policies. >> appreciate the time today. thanks so much. thank you very much for joining us here on "worldwide exchange." >>> for all the coverage of the first presidential debate, tune in to cnbc at 8:00 p.m. eastern tonight as we get you...
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some romney advisers to keep the focus on the economy, some are saying romney should have a major foreign policy speech days after the debate. over the weekend, the white house was on the defensive after the friday's announcement that the deadly assault on the u.s. consulate in bengahzi was deliberate and organized. peter king of new york called on susan rice to resign as u.s. ambassador to the united nations after she initially claimed the attack on the consulate was part of the spontaneous protest after an anti-islamic video. yesterday paul ryan and john mccain slammed the administration's handling of the deadly attack. >> the response was slow, confused, inconsistent. they first said it was a youtube video and a spontaneous mob. we now know it was a planned terrorist attack if this was one tragic incident that would be a tragedy in itself. the problem is it's part of a bigger picture that the obama foreign policy is unraveling before our eyes on tv screens. >> i think it interferes with the depiction that the administration is trying to convey that al qaeda is on the wane, everything i
some romney advisers to keep the focus on the economy, some are saying romney should have a major foreign policy speech days after the debate. over the weekend, the white house was on the defensive after the friday's announcement that the deadly assault on the u.s. consulate in bengahzi was deliberate and organized. peter king of new york called on susan rice to resign as u.s. ambassador to the united nations after she initially claimed the attack on the consulate was part of the spontaneous...
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welly women in fact support romney more than wealthy men. so why do wealthy women like romney? it's not taxes. taxes didn't rank among the top five concerns of women. ron kurts says that affluent women place a higher emphasis on economic and budget issues and they see romney as the better candidate for those issues. that doesn't mean that romney is scoring well with all after fluent women. in fact, 16% of these women remain undecided. he's still got a lot of work to do among the better half of the upper class over the next 39 days. >> when you talk about more work to do, what specifically would you advise him to do? >> this is the age-old question among men. how to woo wealthy women, right? that's what all men want to know. >> the secret elixir. >> so if i own knew. look. >> that's a whole different show, right? >> a whole different show. >> that's tomorrow. >> our documentary special. >> no. i think he needs to connect with them and give specifics on the economic plan. when you look at these, these are discriminating, highly educated voters. they want specifics on how he's goi
welly women in fact support romney more than wealthy men. so why do wealthy women like romney? it's not taxes. taxes didn't rank among the top five concerns of women. ron kurts says that affluent women place a higher emphasis on economic and budget issues and they see romney as the better candidate for those issues. that doesn't mean that romney is scoring well with all after fluent women. in fact, 16% of these women remain undecided. he's still got a lot of work to do among the better half of...
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remember, romney has to do two things. one, he has to convince that president obama has not delivered. second, he has to convince the american people he can deliver. so he has to do it both things. there's still some heavy sledding for him on both fronts. in terms of the market, i think that over the next few weeks and months we're basically going to be driven not only by the political process but whether we get data that confirms the handoff from central bank action to fundamentals will happen. otherwise, this wedge that the central bank have created between valuations of fundamentals cannot be sustained forever. fundamentals have got to start coming up towards valuations, otherwise valuations will come down. >> mohammed, thank you so much for joining us today. >> thank you, michelle. >> all right. we've got about 51 minutes before the closing bell. the nasdaq is lower by nearly 14 points. >> don't go anywhere. there's still a lot more ahead on this busy friday edition of the "closing bell." >>> coming up, employment poss
remember, romney has to do two things. one, he has to convince that president obama has not delivered. second, he has to convince the american people he can deliver. so he has to do it both things. there's still some heavy sledding for him on both fronts. in terms of the market, i think that over the next few weeks and months we're basically going to be driven not only by the political process but whether we get data that confirms the handoff from central bank action to fundamentals will...
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that's a platform i could vote for, if only obama or romney would embrace it. lawrence in texas, lawrence? >> caller: jim, how are you doing? i have a question for you today regarding rpm. the earning report came out today. i'm trying to find out whether it should be long or short in the stock. >> short that, you have to short that plentiful dividend. i never recommend that idea. you don't want to do that, boss. i was going to recommend this and then i felt that the upside was very, very limited. good numbers. i should have done it. for heaven's say, i really did kick myself with this one. i thought if i recommended it, the stock would go up too much. ron in louisiana. ron? >> caller: jim. i've got to thank you. you're the best. i've been investing for 55 years and didn't make money until the last five. guess why? jim cramer. >> thank you. thank you. >> caller: thank you. jim, my question to you is will tim geithner's message to aig affect the long-term outlook? and if so, up or down? >> i would not worry about tim geithner when it comes to aig. just worry abou
that's a platform i could vote for, if only obama or romney would embrace it. lawrence in texas, lawrence? >> caller: jim, how are you doing? i have a question for you today regarding rpm. the earning report came out today. i'm trying to find out whether it should be long or short in the stock. >> short that, you have to short that plentiful dividend. i never recommend that idea. you don't want to do that, boss. i was going to recommend this and then i felt that the upside was very,...
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talk to the romney campaign. they'll tell you they were behind. >> i said there was one poll yesterday that said that they were tied, what was it a national something or other poll. >> yeah but you look at all the polls, not just nationally but in the swing states he was behind. and the romney campaign acknowledged that. >> there's a difference between being behind and having nothing left to lose because you're totally written off by even your own party. >> the point i was making -- >> i don't agree with arianna on that either. i think he was still in the game going into the debate. he's more in the game after the debate than he was before. >> even late in the fourth quarter down by, i thought he said two touchdowns. >> two scores. >> all right. late in the fourth quarter -- >> two safeties. >> it was two safeties, whatever you were talking about, i don't think that was true either. we'll see. there's a poll coming out november 6 i want you to look at. >> you're right. >> the bottom line is -- >> i will say on th
talk to the romney campaign. they'll tell you they were behind. >> i said there was one poll yesterday that said that they were tied, what was it a national something or other poll. >> yeah but you look at all the polls, not just nationally but in the swing states he was behind. and the romney campaign acknowledged that. >> there's a difference between being behind and having nothing left to lose because you're totally written off by even your own party. >> the point i...
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so ohio may be a better shot for mitt romney. as i mentioned, i was talking to a romney strategist the other day and said, well, you're getting closer in florida, but you're still far behind in ohio. and his answer was we need both of them. >> yeah, in some ways maybe tonight's aimed at an economically challenged woman in ohio as someone wrote earlier in the week. john, we'll see you tonight of course. do not miss coverage of the president shpresidential debate. >>> let's get to rick santelli. >> actually it's proven to bere. >>> let's get to rick santelli. >> actually it's proven to bedet presidential debate. >>> let's get to rick santelli. >> actually it's proven to be presidential debate. >>> let's get to rick santelli. >> actually it's proven to bepr. >>> let's get to rick santelli. >> actually it's proven to be a perfect segue. because in the end, whether you believe polls or not, it's exactly what i'm going to talk about regarding data. polls are basically surveys. do people actually guarantee they'll vote the way they're p
so ohio may be a better shot for mitt romney. as i mentioned, i was talking to a romney strategist the other day and said, well, you're getting closer in florida, but you're still far behind in ohio. and his answer was we need both of them. >> yeah, in some ways maybe tonight's aimed at an economically challenged woman in ohio as someone wrote earlier in the week. john, we'll see you tonight of course. do not miss coverage of the president shpresidential debate. >>> let's get to...
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he was searching at times for criticism on romney. romney kept him on the ropes. so issue after issue it was mitt romney on offense and the president on defense. >> try to dry some parallels, dan, to that debate between president bush and john kerry. kerry was largely seen at the time to have won at least debate number one. of course, we all know what eventually happened in that race. how much does last night move the polls, do you think? >> it will be interesting to see if it moves the polls. equally important, the psychology, fund-raising, all those aspects between now and -- re remember, this is not going well for him. next week will be the vice-presidential debate in which i think paul ryan will do quite well against joe biden. you could have the situation where they wrap up two debate victories before he gets back on the field. so whether the poll numbers move or not, we'll wait to see, buttal all the other elements you want to see. having the narrative go your way and the grasset reus and your troops be energized. this couldn't have come at a better moment f
he was searching at times for criticism on romney. romney kept him on the ropes. so issue after issue it was mitt romney on offense and the president on defense. >> try to dry some parallels, dan, to that debate between president bush and john kerry. kerry was largely seen at the time to have won at least debate number one. of course, we all know what eventually happened in that race. how much does last night move the polls, do you think? >> it will be interesting to see if it moves...
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victory in november or a winning season for the jets, he would pick romney. so does romney have a better chance of winning than the jets? >> well, 70% said yes. 30% said no. there were no other choices. there you go. that's 100%, i do believe. that's all. >> i don't know if that bodes better for romney or the jets, to be honest with you. i think i might disagree with both of those. all right. th
victory in november or a winning season for the jets, he would pick romney. so does romney have a better chance of winning than the jets? >> well, 70% said yes. 30% said no. there were no other choices. there you go. that's 100%, i do believe. that's all. >> i don't know if that bodes better for romney or the jets, to be honest with you. i think i might disagree with both of those. all right. th
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what they saw was a fantastic debate performance by governor romney. what they also saw was a contrast between someone and governor romney who understand the fooacts and could relate th to every day people's lives. president obama, it wasn't just that his performance was listless. president obama, there was though substance there. you always hear the expression sell the sizzle, not the steak. i always say if you don't have the steak, there's no sizzle. >> all right. from politics to the stock market. a stock you know very well. hewlett-packard. stock has been punished. meg whitman, the new ceo, is coming under fire. here's what she said. >> i'm confident 2013 will be the bottom of the turn around. then you can look forward, i think, to good growth in 2014 and 2015 as those products kick in, the i think vestments we're making in things like i.t., sales, organization, and training. those things will start to kick in. i really think 2014 will be quite a bright year for hp. >> what do you think of what she said? do you have any sympathy for her? >> first o
what they saw was a fantastic debate performance by governor romney. what they also saw was a contrast between someone and governor romney who understand the fooacts and could relate th to every day people's lives. president obama, it wasn't just that his performance was listless. president obama, there was though substance there. you always hear the expression sell the sizzle, not the steak. i always say if you don't have the steak, there's no sizzle. >> all right. from politics to the...
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that's the problem with romney. not to mention romney is the gift that keeps on going. he keeps saying stupid things like 47%. if romney doesn't do himself any damage, he wins the debate. >> does he have to give specifics though? he's now been painted as this person who is going to be taxing the middle class to pay for wealthy people's tax cuts. does he have to get specific? >> i think lara will ask that. >> he's got to do well. he's got to show well in this. i don't think ratcheting up expectation is good. i think what you want to do if you're getting ready for the debate is ratchet down expectation. i think he'll do fine. he needs to have a knockout. it doesn't need to be a decision. it needs to be a ko. >> how much of this debate is going to be about the economy and jobs and taxes tonight as opposed to education, health care, social issues, what have you? >> well, all those things matter, certainly when it comes to education, that's the future. i mean, the future generations will be -- will fail, rise, or fall based on education, so that's a very important building b
that's the problem with romney. not to mention romney is the gift that keeps on going. he keeps saying stupid things like 47%. if romney doesn't do himself any damage, he wins the debate. >> does he have to give specifics though? he's now been painted as this person who is going to be taxing the middle class to pay for wealthy people's tax cuts. does he have to get specific? >> i think lara will ask that. >> he's got to do well. he's got to show well in this. i don't think...
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but it couldn't have been mitt romney because the real hit romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. the fell wloe on stage last night said he didn't know anything about that. >> the president's vision is trickle down government and i don't think that's what america believes in. i see instead a prosperity that comes through freedom. >> president of the committee for responsible federal budget, director of the fiscal policy program, as well, and joins us now. have you heard anything -- have you heard enough of of a commitment from either side of the aisle that you thought might actually work? >> well, what we didn't hear was enough specifics. so i think the good news is that that debate, the discussion was clearly focused on the deficit and debt. which is the issue that we need to be talking about particularly as we go in to the election so that we have enough details about what we're going to do both to avoid the fiscal cliff and to do something about our mounting debt in this country. but neither candidate r
but it couldn't have been mitt romney because the real hit romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. the fell wloe on stage last night said he didn't know anything about that. >> the president's vision is trickle down government and i don't think that's what america believes in. i see instead a prosperity that comes through freedom. >> president of the committee for responsible federal budget, director of...
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. >>> would ceo's make romney president? wait until you hear the rationale. >>> and facing realities of the digital age. facebook may be watching your web searches to steer relevancy your way. is it just good business? we'll debate both sides of the issue coming up. back in a moment. margin. mr. margin? don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. [ man ] when i'm in my zone... every move i make is a statement... ♪ ...that inspires me to make my mark. ♪ [ male announcer ] the all-new lexus es 350. ♪ boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn
. >>> would ceo's make romney president? wait until you hear the rationale. >>> and facing realities of the digital age. facebook may be watching your web searches to steer relevancy your way. is it just good business? we'll debate both sides of the issue coming up. back in a moment. margin. mr. margin? don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a...
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>> romney. >> romney is going to slow things down. can i add to what you said, john, is it also true the on sense of job growth could make you pessimistic about the future in that you don't have the support for the recovery you would expect? i agree higher job growth is not necessarily an omen of better economic growth but in the absence, mark and michelle also, this is what? let answer not get excited. it's 114 on the payroll and say it's revised up next month, revisions hold to 150. it's still a 1.5, 2% economy. we're not making huge inroads here. >> it's still a challenging environment and i think what's encourage something we're making slow progress but by no means are we accelerating to a much different business cycle. the fundamental challenges that the economy faces are still there. you still have the fiscal cliff at the end of the year which is going to be a concern. you still have credit conditions that haven't returned to a normal environment. you still have concern over the synchronized global slowdown so steve, i think it'
>> romney. >> romney is going to slow things down. can i add to what you said, john, is it also true the on sense of job growth could make you pessimistic about the future in that you don't have the support for the recovery you would expect? i agree higher job growth is not necessarily an omen of better economic growth but in the absence, mark and michelle also, this is what? let answer not get excited. it's 114 on the payroll and say it's revised up next month, revisions hold to...
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maria speaks with a mitt romney supporter and hp ceo carly fiorina. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...you see they all have h a deeper knowledgeresting in of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. sleep train's inventory clearance sale is ending soon. save 10%, 20%, even 35% on a huge selection of simmons and sealy clearance mattresses. get 2 years interest-free financing on tempur-pedic. even get free delivery! sleep train stacks the savings high to keep the prices low. but hurry, the inventory clearance sale is ending soon. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >>> welcome back. all day we've been looking at key issues facing specific industries in q-4. right now here's more on what we can
maria speaks with a mitt romney supporter and hp ceo carly fiorina. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...you see they all have h a deeper knowledgeresting in of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. sleep train's...
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Oct 1, 2012
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so romney in fact and i've talked to romney's strategists about this, they know that voters don't actually believe that you're going to have a big net tax cut for anybody. it's not credible. >> the linchpin of the entire plan is to raise taxes on people 250 or above, which does nothing for the definite sit, does nothing with entitlements. not only are you not talking details, all you have is raising tax on people that have money and talking about nothing else. >> the distinction is that the romney campaign is saying we're not going to raise taxes on the middle class, but by the way, we really are. >> hold on. joe, obama -- first of all, raising taxes on people at the top may not be sufficient, but it's not nothing. it does raise money. >> we need a trillion and it's like $80 billion. >> $80 billion? >> it's like 80 build per year. and we need to cut -- close the deficit by a trillion. we got a trillion dollar deficit and it raises like -- i think it's less. maybe 40 billion. >> are you correct, it's not sufficient. >> and he's not talking about anything else. you can keep your entitlement,
so romney in fact and i've talked to romney's strategists about this, they know that voters don't actually believe that you're going to have a big net tax cut for anybody. it's not credible. >> the linchpin of the entire plan is to raise taxes on people 250 or above, which does nothing for the definite sit, does nothing with entitlements. not only are you not talking details, all you have is raising tax on people that have money and talking about nothing else. >> the distinction is...
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Sep 28, 2012
09/12
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is mitt romney in pennsylvania because he thinks there's a chance? how important is winning pennsylvania to him? >> pennsylvania is one of several battleground states in this election and it comes town really to a handful of states including ohio and florida and of course pennsylvania and virginia. the undecided vote so far is very small, but let's keep in mind at this stage ronald reagan in 1980 was running about five points behind jimmy carter. by mid october, he was 13 points behind and yet he won the election by nine points. >> what do you think will be that catalyst for swinging things in mitt romney's favor? >> a strong debate by mitt romney. there are three of them coming up. a misstep by the president. some sort of international incident to thinks that might come out about benghazi, et cetera. i mean, six weeks is a very long time. we have 39 days to go. >> it's fascinating how much pressure seems to be on mitt romney including put by himself and his own camp on these debates. we haven't necessarily seen him perform well under pressure, when
is mitt romney in pennsylvania because he thinks there's a chance? how important is winning pennsylvania to him? >> pennsylvania is one of several battleground states in this election and it comes town really to a handful of states including ohio and florida and of course pennsylvania and virginia. the undecided vote so far is very small, but let's keep in mind at this stage ronald reagan in 1980 was running about five points behind jimmy carter. by mid october, he was 13 points behind...
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Sep 30, 2012
09/12
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on wednesday, president obama and republican candidate mitt romney meet in the first presidential debate. this one focusing on domestic policy. on thursday, we'll get the minutes of the last meeting of the federal reserve open market committee. this one's the meeting when the fed governors approved another round of quantitative easing. and on friday, the always anticipated monthly jobs report will be released. we will find out if there's any change to the 8.1% unemployment rate for america. >>> finally, are you ready to hand over the wheel at google headquarters this week, california governor jerry brown signed a law legalizing driverless cars. the search giant has been developing self-driving cars for several years. they use cameras and radar to detect other vehicles. and have reportedly logged more than 300,000 road miles without an incident. implementing this idea is right on schedule. >>> you know, it was just at the 1939 worlds fair when general motors predicted a highway system full of electric cars controlled by remote radio as part of the company's futurerama exhibit and predicte
on wednesday, president obama and republican candidate mitt romney meet in the first presidential debate. this one focusing on domestic policy. on thursday, we'll get the minutes of the last meeting of the federal reserve open market committee. this one's the meeting when the fed governors approved another round of quantitative easing. and on friday, the always anticipated monthly jobs report will be released. we will find out if there's any change to the 8.1% unemployment rate for america....
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Oct 5, 2012
10/12
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governor romney is right. they brought in frozen food cases and they're doing well. >> they raise price target to pier 1. >> i spent so much there last saturday. >> there's a great article about meningitis in "the new york times. a competitor, there are problems with contaminations. regeneron will go high or this. >> and calling a dead-cat bounce on. >> every cat has its day. >> what's coming up today? >> gold. we're going gold, gold, gold. we have a terrific executive and sandstone is the way to play gold as we go to 2,000 for gold and 1800 is the next stop. >> 1785 right now as i'm looking and this sunday, eagles and steelers. >> i don't know, man. people are starting to say that the eagles could be an upset. >> yea. >> i say dream on, and i like the eagles. >> have a great weekend, jim. see you next week. >> what does this morning's key job numbers tell us about the stock? an interview with jan hatzius from goldman. hi. i'm henry winkler. and i'm here to tell homeowners that are 62 and older about a great w
governor romney is right. they brought in frozen food cases and they're doing well. >> they raise price target to pier 1. >> i spent so much there last saturday. >> there's a great article about meningitis in "the new york times. a competitor, there are problems with contaminations. regeneron will go high or this. >> and calling a dead-cat bounce on. >> every cat has its day. >> what's coming up today? >> gold. we're going gold, gold, gold. we have...
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Sep 28, 2012
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i think governor romney understands that. you got to grow the private sector. >> senator paul, thank you for being on today. appreciate it a lot. >>> okay. we got a lot more coming up. at 8:30 eastern we'll get personal spending data for august and talking about the effect of this summer's drought. [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help save you up to thousands in out-of-pocket costs. call today to request a free decision guide. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. join the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp... and provided by
i think governor romney understands that. you got to grow the private sector. >> senator paul, thank you for being on today. appreciate it a lot. >>> okay. we got a lot more coming up. at 8:30 eastern we'll get personal spending data for august and talking about the effect of this summer's drought. [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an...
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Oct 2, 2012
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. >> sometimes i wonder about the difference between mitt romney, the man, and mitt romney and the campaign, and his handlers, a lot of consultants around, i think, because people have said on "60 minutes" he was so, seemed so sensible and so smart. i haven't seen him around much for the past three months. >> he's going to get tough and not going to be mitt, he'll have a bad resolution. the fact is, he is a very capable guy, a very smart guy. can he be a very tough guy and he's also got heart. >> when you let the press, when you let the media, donald, define him for three or four months and you never really see him out there, i think that was -- when he's on his own and when you can hear him talk and when they can't cut, "i like to fire people" before he said that if i have an insurance company that's not doing its job, but the media takes just the snippet from the middle. >> exactly, they said all they left was the word "fire." they didn't say, "if people do a bad job" et cetera, it was terrible. he should have attacked them on that. i know him well, he's a great guy, a very capable guy, s
. >> sometimes i wonder about the difference between mitt romney, the man, and mitt romney and the campaign, and his handlers, a lot of consultants around, i think, because people have said on "60 minutes" he was so, seemed so sensible and so smart. i haven't seen him around much for the past three months. >> he's going to get tough and not going to be mitt, he'll have a bad resolution. the fact is, he is a very capable guy, a very smart guy. can he be a very tough guy and...
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Oct 2, 2012
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thank you very much a reminder to all of you tomorrow, president obama, governor romney do kick off the first of three presidential debates and cnbc will carry it live. our coverage begins at 8 p.m. eastern time. it's your money, your vote. sue? >>> ty, the financial crisis haunting america's biggest bank, jpmorgan being sued by new york attorney general eric schneiderman, claiming that the bear sterns business that jpmorgan took over in 2008 defraud mortgage bond investors a are. our senior correspondent scott cone has been working on the case. scott? >> sue, under the head nothing good deed goes unpunished, if how you characterize the takeover of bear stearns, the federal government for the $10 a shake jpmorgan got not only bear stearns' assets but liabilities, including, authorities say responsibility four some of the most egregious conduct in the financial crisis you churning out residential mortgages by the thousands, bundling them into what the firm told investors were quality securities, knowing all along many of the mortgages were duds a systemic fraud on thousands of investors,
thank you very much a reminder to all of you tomorrow, president obama, governor romney do kick off the first of three presidential debates and cnbc will carry it live. our coverage begins at 8 p.m. eastern time. it's your money, your vote. sue? >>> ty, the financial crisis haunting america's biggest bank, jpmorgan being sued by new york attorney general eric schneiderman, claiming that the bear sterns business that jpmorgan took over in 2008 defraud mortgage bond investors a are. our...
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governor romney. romney came in and showed him what anyone who wishes to debate must possess, aggressiveness, clear, clear minded focus on the facts, command of them. excuse me. let me -- forgive me, but neither of you are really equipped to be an arbiter of truth here. okay. really. i'm being quite serious. i'm looking at you. said more than once that you are a political strategist when the truth is irrelevant. >> how i'm going to give my span. lou: actually, i would love -- i would love just once or twice that they coincide. which, which -- what lie did president obama other? >> is not what president obama uttered. it's what mitt romney uttered. lou: actually, it isn't. both of them. one was true that one wasn't. >> one was like out to lunch or dinner. the other was there, but what he was saying was not true. lou: which was not true? which? >> well, that's the truth. schools are not number one in the country. president obama -- lou: what are they? >> i think there below ten. lou: your telling us you
governor romney. romney came in and showed him what anyone who wishes to debate must possess, aggressiveness, clear, clear minded focus on the facts, command of them. excuse me. let me -- forgive me, but neither of you are really equipped to be an arbiter of truth here. okay. really. i'm being quite serious. i'm looking at you. said more than once that you are a political strategist when the truth is irrelevant. >> how i'm going to give my span. lou: actually, i would love -- i would love...
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Oct 1, 2012
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new poll shows 49% of likely voters favoring the president versus 47% for romney. amongst all registered voter, obama holds a 5 point lead. but 52% of likely voters across key swing states favor the president. you'll be able to get full coverage of wedding who's presidential debate right here on cnbc, it starts at 8:00 p.m. eastern. a july says the rules set to go into effect october 12th won't properly justified by the cftc, the rules would cap the size of positions trading firms can take in certain commodity contracts and expand restrictions to swaps trade. meanwhile nokia has another big customer. the "wall street journal" says the company is going to unveil a deal with oracle take. the company's oracle world conference in san francisco. nokia's recently signed deals as well with groupon and amazon which dropped google maps. shares up marginally this morning julia got to a chance to sit down with sheryl sandberg. so tune in for that interview. shares in banco popular have resumed trading. the banks approved a 2.5 billion rights issue. it will report record write
new poll shows 49% of likely voters favoring the president versus 47% for romney. amongst all registered voter, obama holds a 5 point lead. but 52% of likely voters across key swing states favor the president. you'll be able to get full coverage of wedding who's presidential debate right here on cnbc, it starts at 8:00 p.m. eastern. a july says the rules set to go into effect october 12th won't properly justified by the cftc, the rules would cap the size of positions trading firms can take in...
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romney criticized that study. >> he cite a study. there are six studies looking at that study you described and say it's wrong. >> studies romney are talking about are from his own backers and advisors and a former advisor to george w. bush. on medicare, romney said the president's plan will limit care. >> this is going to tell people what kind of treatments they can have. >> this board can't make decisions about what treatments are given. that is prohibited in the law. >> the president is right on this one. the payment advisory board can make recommendations on drugs and medical devices that will be covered but there is no legal power to ration care. and the president saying premiums have gone up in a slower rate than any time in 50 years but that is not true. interest to and romney said mitdel income americans have seen income drop by $4300 a year, that is way too high showing it's about half of that. is one man telling more facts or better facts than another? we'll take a look what he says is the big difference. it's the money. >>
romney criticized that study. >> he cite a study. there are six studies looking at that study you described and say it's wrong. >> studies romney are talking about are from his own backers and advisors and a former advisor to george w. bush. on medicare, romney said the president's plan will limit care. >> this is going to tell people what kind of treatments they can have. >> this board can't make decisions about what treatments are given. that is prohibited in the law....
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Oct 5, 2012
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mitt romney saying i'm going to do this, open up more lands. yet when i read reports from companies that drill for gas they can't get the equipment to the people there. anyway, do we have as a nation the infrastructure to actually go after more of our own resources? >> we do have. but i think that the industry's kind of solared up here in the last two, three months. we've got plenty of resources. infrastructure in the northeast especially in the marcellus needs to advance a little bit. all that will happen. and now you still have very cheap natural gas prices. it is about 30% of what it is around the world. so very cheap. we have the cheapest energy in america. oil today is $90 a barrel. brent north sea the global price is normal in this country. i know you have the california problem on the gasoline. if i could just comment on that. that's pipelines, refineries and california has a unique problem, which is they have a blend for gasoline that's different than the rest of the united states. so it's not a case you can hurry, ship them some texas
mitt romney saying i'm going to do this, open up more lands. yet when i read reports from companies that drill for gas they can't get the equipment to the people there. anyway, do we have as a nation the infrastructure to actually go after more of our own resources? >> we do have. but i think that the industry's kind of solared up here in the last two, three months. we've got plenty of resources. infrastructure in the northeast especially in the marcellus needs to advance a little bit....
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ashley: is the romney campaign losing some of its big money donors? charlie gasparino has the exclusive story in moments. tracy: yeah, could we be in another recession. even though the dow is up 127 points right now. the some economists actually think so. we'll look at evidence pointing in that direction. ashley: very very interesting to dig down into the data. time for stocks as we do every 15 minutes. back down to the nyse with nicole petallides. >> ashley, tracy it has been an interesting day here on wall street. we started out with good economic news that helped push us higher. less concern about the european crisis. so we saw a strong euro, weaker dollar and dow moved up to nearly 13,600. cows a couple points away from those levels. we heard from our fed head ben bernanke, which caused things to pull back. talking about a fact that they were a little -- europe continued to be a concern there. right now the dow is still up. a really good day on wall street, right? if you're a bull out there you say i'll take it, up 124 points right now. we're show
ashley: is the romney campaign losing some of its big money donors? charlie gasparino has the exclusive story in moments. tracy: yeah, could we be in another recession. even though the dow is up 127 points right now. the some economists actually think so. we'll look at evidence pointing in that direction. ashley: very very interesting to dig down into the data. time for stocks as we do every 15 minutes. back down to the nyse with nicole petallides. >> ashley, tracy it has been an...
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they hear from the other side that neither does mitt romney. they're scared. so many of our clients have actually been on the sidelines. this has been a relatively low volume rally. i think it still has legs. i think multiples are reasonable and there's still room to go. >> that's what we have pondered here lately, dick. is this sort of stealth rally, as i called it before -- here we sit near 5 1/2 rear hiyear high the market, even as we worry and wring our hands over those issues. why do you think that is? >> well, i think that investors have been through a difficult decade, especially equity investors in the united states have suffered some real turmoil in their returns, and they've been bombarded by these messages that generate fear. they're legitimate concerns. the world is a very uncertain place. so we're telling -- >> who's buying -- that's the question, who's doing the buying right now? >> i don't think i have a perfect answer for you on that. i can't identify all the buyers out there for you. i'm sorry. >> okay. >> are they chasie ining growth? i mean,
they hear from the other side that neither does mitt romney. they're scared. so many of our clients have actually been on the sidelines. this has been a relatively low volume rally. i think it still has legs. i think multiples are reasonable and there's still room to go. >> that's what we have pondered here lately, dick. is this sort of stealth rally, as i called it before -- here we sit near 5 1/2 rear hiyear high the market, even as we worry and wring our hands over those issues. why do...
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Oct 5, 2012
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who said based on sources he was not willing to name that he had information indicating that governor romney paid no taxes. if this were to be true -- >> tyler, tyler, tyler -- >> if this were to be true sir. >> tyler, stop. >> let me finish my thought. >> did the workforce participation rate change? no. it's still a 30-year low. did the u6 computation 14.7% change? no. so how is it that we had a drop of .3 percentage point on the unemployment rate if these other statistics which related to that do not change? and don't challenge my intelligence, because i tell you, it wasn't too long ago that we were being told that a video was the imminence for this spontaneous attack that ended up killing an ambassador. so there are a lot of questions that come out of this administration. i'm not talking about impeachment. i just want someone to come clean with the process and methodology because there is a lot of inconsistencies. >> congressman, thank you very much. we appreciate you being with us. >> you have a great day. >> you, too. >> absolutely. >>> meantime, gentlemen, a number of media organizatio
who said based on sources he was not willing to name that he had information indicating that governor romney paid no taxes. if this were to be true -- >> tyler, tyler, tyler -- >> if this were to be true sir. >> tyler, stop. >> let me finish my thought. >> did the workforce participation rate change? no. it's still a 30-year low. did the u6 computation 14.7% change? no. so how is it that we had a drop of .3 percentage point on the unemployment rate if these other...
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Sep 29, 2012
09/12
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jim acosta traveling with mitt romney. president obama is trying to gain support what has traditionally been republican territory. what are you seeing? >> reporter: as you know, election day may be weeks away, but in virginia, ab sen tea voting is already under way and that is why you saw president obama and mitt romney treading on each other's turf this week. president obama heading to virginia beach as he tries to keep virginia out of reach for romney. >> reporter: in virginia beach, president obama tailored his latest attack on mitt romney to the military voters here as he hit his opponent for his recent comments that 37% of americans who don't pay income taxes see themselves as victims. >> i travel a lot around this country and i don't immediate meet a lot of victims. i see a lot of veterans who have served this country with bravery and distinction and i see soldiers who defend our freedom every single day and i see those military families who are wondering whether their loved ones are going to come back home safe and
jim acosta traveling with mitt romney. president obama is trying to gain support what has traditionally been republican territory. what are you seeing? >> reporter: as you know, election day may be weeks away, but in virginia, ab sen tea voting is already under way and that is why you saw president obama and mitt romney treading on each other's turf this week. president obama heading to virginia beach as he tries to keep virginia out of reach for romney. >> reporter: in virginia...
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Oct 6, 2012
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set up by romney. no one knows why and romney will tell. and the cayman islands, where romney keeps millions to avoid u.s. taxes. you have to say this about mitt romney. he sure knows how to go for the gold. >> so the u.s. olympic committee was not that happy. [laughter] as you might expect. that ad was a little bit short lived, but it got a lot of free media coverage and a lot of views on the internet. and kudos to one of the leading advisers to priorities who came up with the idea for that ad. it is a lot of fun to do what we do for a living. priorities has been eager experience. as -- has been a great experience good as money flowed into the super paks in general, and also to priorities, we have played an important role in this campaign. not the kind of outside world that my colleague has. >> there is a little bit of a difference. there is a runny super pac called restore our future. i was -- american crossroads has spent more money and has been around much longer. but you can talk a little bit about the decision to do that. it came up m
set up by romney. no one knows why and romney will tell. and the cayman islands, where romney keeps millions to avoid u.s. taxes. you have to say this about mitt romney. he sure knows how to go for the gold. >> so the u.s. olympic committee was not that happy. [laughter] as you might expect. that ad was a little bit short lived, but it got a lot of free media coverage and a lot of views on the internet. and kudos to one of the leading advisers to priorities who came up with the idea for...
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Oct 2, 2012
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that was not mitt romney at his best. overall, the thing about president obama is that his skill is in oratory. he's great at sort of exhorting crowds and inspiring people who already agree with him but throughout his presidency and this has been true in interviews, true in press conferences, true in his speeches, he's struggled with the art of persuasion, the art that bill clinton obviously mastered so well. so there, i think there is a weakness for him in the debate, that he has a sort of, he can stumble too, not in the same way that romney can, but he can sort of get tangled up in his slightly professorial style and lose the plot, if you will. >> important as this may be to the romney fortunes, it's a day we discover the romney campaign is planning to unleash, this is their leaking, robust spending in the final five weeks of the campaign. quotes from a republican source, we will spend as much in paid advertising, direct mail and field operations in the next five weeks as we have spent since becoming the presumptive nom
that was not mitt romney at his best. overall, the thing about president obama is that his skill is in oratory. he's great at sort of exhorting crowds and inspiring people who already agree with him but throughout his presidency and this has been true in interviews, true in press conferences, true in his speeches, he's struggled with the art of persuasion, the art that bill clinton obviously mastered so well. so there, i think there is a weakness for him in the debate, that he has a sort of, he...
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same thing with governor romney. he has to know how to answer the questions but he has to be relaxed and rely on himself. one of the things i tell candidates it's very important that they have the good political judgment to make decisions and think on their feet rather than rely on script. >> give me one thing that you think we ought to look for out of mitt romney and one thing out of obama in this debate coming up on wednesday. >>> i think one of the -- apart from the economy, i do think one thing we should be looking for is to see if the president is willing to talk about his record on the economy and defend it. the american people ought to be making a judgment whether or not the president can defend that record. he ought to be looking for governor romney how well he press the case against the president. it's been his failure to lead on the economy that has led us into the spot we are in right now. that is most important part of the entire debate. the debate this wednesday will focus on the economy and domestic iss
same thing with governor romney. he has to know how to answer the questions but he has to be relaxed and rely on himself. one of the things i tell candidates it's very important that they have the good political judgment to make decisions and think on their feet rather than rely on script. >> give me one thing that you think we ought to look for out of mitt romney and one thing out of obama in this debate coming up on wednesday. >>> i think one of the -- apart from the economy, i...
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he had a fallout and not working for team romney. i feel he were but maybe the governor doesn't need the advivise. rst half hour is absolutely crucial. the people watch the debate conform to the begining of the show. later on and what ecends to confirm. coming out very strong early taking it right to the president and investing in the second person. forget about the moderator. mr. president of the freighter policies he failed. what is worst ever continue in the past we will be even worse off. gerri: i hate it when people ignore the journalist and the room. >> i said this. he was really -- in this case one would not dream of doing this. in terms of my advice to mitt romney. gerri: you can bothagree. this to say about what needs to happen. >> governor romney for the first time gets on the same stage as the president of the united states ad people can make a direct comparison about them and their visions for the future. this campaign, i think you'll e the numbers start to move right back in the other direction. gerri: i have to tell you
he had a fallout and not working for team romney. i feel he were but maybe the governor doesn't need the advivise. rst half hour is absolutely crucial. the people watch the debate conform to the begining of the show. later on and what ecends to confirm. coming out very strong early taking it right to the president and investing in the second person. forget about the moderator. mr. president of the freighter policies he failed. what is worst ever continue in the past we will be even worse off....
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Oct 3, 2012
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the governor romney of 2001, the governor romney governor of massachusetts, would have been a strong contender in the philadelphia suburbs and the cleveland suburbs. the governor romney who ttacked far to the right, like the blunt amendment and say he was for it that romney is going to get swamped in the philadelphia suburbs and the cleveland suburbs. >> governor rendell, thank you so much for having you on. >> thank you. thank you. >>> up next, we will dig deeper into the nbc news poll and why it says tonight's debate is so crucial for governor romney. and the answer may not be what you're thinking right now. >>> but first, there's a lot going on today. here are some things we just thought you should know. education secretary arne duncan is calling for printed textbooks to become obsolete within the next few years. wow. duncan says the u.s. is fall willing behind other nations that are already traps sigging from print to digital school books. >>> and who's going tonight next big cheese? chee-tos hired an artist to make portraits of president obama, governor romney made entirely of c
the governor romney of 2001, the governor romney governor of massachusetts, would have been a strong contender in the philadelphia suburbs and the cleveland suburbs. the governor romney who ttacked far to the right, like the blunt amendment and say he was for it that romney is going to get swamped in the philadelphia suburbs and the cleveland suburbs. >> governor rendell, thank you so much for having you on. >> thank you. thank you. >>> up next, we will dig deeper into the...
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some media outlets changing from romney the winter romney the liar. dana perino joins us live after the break. a philadelphia police officer is fired after he was caught on camera punching a woman in the face. now his union says he should get his job back. that's on the docket in today's "kelly's court." >> he had no right to hit her like that. >> she says she don't wish nobody bad. but she wish something had been done. cottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us
some media outlets changing from romney the winter romney the liar. dana perino joins us live after the break. a philadelphia police officer is fired after he was caught on camera punching a woman in the face. now his union says he should get his job back. that's on the docket in today's "kelly's court." >> he had no right to hit her like that. >> she says she don't wish nobody bad. but she wish something had been done. cottrade, you won't just find us online, you'll also...